Madison, Indiana
Moving to or Living in Madison Pros and Cons, Cost of Living, Crime Rate, Demographics
Living In Madison, Indiana
Moving to Madison In Indiana ? Find out the best and worst about to live, raise a family or retire in Madison, the Pros and Cons of Living in Madison.
Explore the life in Madison based on crime, public schools, cost of living, real estate, housing, properties, job opportunities, and local amenities data and Statistics.
About Madison, Indiana
Is Madison, Indiana a good place to live?
Madison is a city in Indiana state in USA with a population of 11783 residents..
The poverty rate of Madison is 21.5%, which is 54% higher than national average.
The typical household in Madison earns $41568 a year, compared to the national median of $67,500.
Financial hardship is relatively common in the city as 1 in every 5 residents live below the poverty line, well above the national poverty rate of 14.1%. Additionally, more than 1 in every 11 area households live on an income of less than $10,000 a year. Nationwide, 5.8% of households do. Nearly 56.7% of households earn less than $50,000 a year compared to 39% national rate.
A high school education is a basic prerequisite for most jobs, and in Madison, only 89% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Madison remained 4.2%, which is 11% lower than national rate. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Madison, only 22% of adults have a bachelor's degree and 30% have some college but no degree.
Cost of living in Madison is 90, which is 10% lower than national average. Median home value in Madison is $142100 , which is 38% lower than national average. While median income in Madison remained $41568, which is 38% lower than national average.
A high school education is a basic prerequisite for most jobs, and in Madison, only 89% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Madison remained 4.2%, which is 11% lower than national rate. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Madison, only 22% of adults have a bachelor's degree and 30% have some college but no degree.
Cost of living in Madison is 90, which is 10% lower than national average. Median home value in Madison is $142100 , which is 38% lower than national average. While median income in Madison remained $41568, which is 38% lower than national average.
Population
11783
Unemployment
4.2%
Poverty
21.5%
Overall Score
5
Median Home
$142100
38%
NAT AVG.
Median Income
$41568
38%
NAT AVG.
Median Rent
$680
41%
NAT AVG.
Cost Of Living
90
10%
NAT AVG.
People Living BPL
1 in 5
Unemployed People
1 in 24
People Earning < $10,000
1 in 11
People Earning < $50,000
56.7%
People with <= High School
1 in 2.1
People With Any Degree
1 in 3
Pros & Cons Overview
Jobs60%
Housing60%
Affordability60%
Safety80%
Amenities80%
Diversity60%
Education70%
Commute85%
Cost of Living
Expense | Madison | Indiana | National Avg. |
---|---|---|---|
Services | 104 | 93 | 100 |
Groceries | 93 | 93 | 100 |
Health | 96 | 94 | 100 |
Housing | 68 | 74 | 100 |
Transportation | 104 | 95 | 100 |
Utilities | 97 | 96 | 100 |
Cost of Living
Gender
Gender | Madison | Indiana | Country |
---|---|---|---|
Female | 58.3% | 50.7% | 50.8% |
Male | 41.7% | 49.3% | 49.2% |
Gender
Household Income
Income | Madison | Indiana | Country |
---|---|---|---|
Less than $10,000 | 9.4% | 5.9% | 5.8% |
$10,000 to $14,999 | 13.8% | 4.1% | 4.1% |
$15,000 to $24,999 | 9.9% | 9.5% | 8.5% |
$25,000 to $34,999 | 10.7% | 9.9% | 8.6% |
$35,000 to $49,999 | 12.9% | 13.6% | 12.0% |
$50,000 to $74,999 | 18.1% | 19.2% | 17.2% |
$75,000 to $99,999 | 10.4% | 13.5% | 12.8% |
$100,000 to $149,999 | 8.4% | 14.7% | 15.6% |
$150,000 to $199,999 | 4.7% | 5.2% | 7.1% |
$200,000 or more | 1.7% | 4.4% | 8.3% |
Education
Education | Madison | Indiana | Country |
---|---|---|---|
< 9th Grade | 4% | 4% | 5.0% |
9-12th Grade | 7% | 7% | 7.0% |
High School or GED | 37% | 33% | 27.0% |
Other College | 19% | 20% | 20.0% |
Associate's Degree | 11% | 9% | 9% |
Bachelor's Degree | 13% | 17% | 20.0% |
Master's Degree | 7% | 7% | 9.0% |
Professional Degree | 1% | 2% | 2.0% |
Doctorate Degree | 1% | 1% | 1.0% |
Household Income
Education
Race / Ethnicity
Ethnicity | Madison | Indiana | Country |
---|---|---|---|
White | 88.6% | 78.4% | 60.1% |
African American | 4.3% | 9.3% | 12.2% |
American Indian | 0.1% | 0.2% | 0.6% |
Asian | 0.8% | 2.3% | 5.6% |
Hawaiian | 0% | 0% | 0.2% |
Other | 0.6% | 0.3% | 0.3% |
Multiracial | 1.3% | 2.4% | 2.8% |
Hispanic | 4.3% | 7.1% | 18.2% |